Director, ALM & Modeling for Reinsurance
$175k - $230kAflac
Salary Range: $175,000 to $230,000 Job Posting End Date: March 7, 2026 We've Got You Under Our Wing We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all...The Aflac Way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune's 50 Best Workplaces for Diversity and as one of World's Most Ethical Companies by Ethisphere.com. Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there's a home, and a flourishing career for you at Aflac. Worker Designation - This role is hybrid . This means you will be expected to report to one of our Aflac offices located in Columbus, GA for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership. Job Summary Located in the U.S., provides actuarial services for Aflac Re Bermuda Ltd. (Aflac Re), a Bermuda domiciled reinsurer. This role leads a fast-growing and fast-paced actuarial modeling team to support all key actuarial functions that include pricing, valuation, reporting, asset liability management (ALM), capital management, and other actuarial analyses as needed. Oversees the development and implementation of all Aflac Re models in MG ALFA as well as other actuarial end using computing (EUC) models as needed, and performs analytics needed to support profitability analysis and ALM management. Role reports to Aflac Re Bermuda Chief Actuary. Within Aflac Re, partners with the pricing actuarial team in providing modeling support for deal pricing, and works with the valuation actuarial team to oversee the model life cycle for all actuarial reporting and source of earnings analysis, as well as other analyses as needed. In addition, this role supports the Chief Actuary by providing ALM and other ad hoc analytics to support, including but not limited to, Aflac Re's asset and hedging strategy. Liaises with other key functions within Aflac such as investment, risk, legal, accounting, US GAAP valuation, and Aflac Japan as well as with external service providers and consultants who support the modeling life cycle. Role is highly visible to the senior management teams of Aflac Re Bermuda and Aflac Inc. in supporting Aflac global reinsurance strategy. What does it take to be successful at Aflac? Acting as a Champion for Change Acting with Integrity Communicating Effectively Developing Talent Managing Performance Navigating Organizations Pursuing Self-Development Serving Customers Setting Objectives Supporting Change Supporting Organizational Goals Working with Diverse Populations What does it take to be successful in this role?
- Ability to communicate effectively with the senior leaders of the organization
- Strong teamwork and interpersonal skills to partner with peers and collaborate to reach a common agreement
- Strong leadership skills with experience and desire to mentor and cultivate team members
- Strong technical and project management skills
- The ability to adhere to Aflac and Aflac Re policies and procedures
- Leads the model development, implementation, process automation, design, and documentation to support pricing, valuation, and other key actuarial functions
- Leads the development for tools and analytics to support hedging and ALM strategy
- Partners with the Pricing Actuary to support reinsurance pricing design and supporting analytics
- Partners with the Valuation Actuary to support valuation processes, and regulatory and ad hoc stress testing for analysis and reporting
- Supports the model owner for model risk management, model documentation and model validation
- Supports the Chief Actuary developing materials to be presented at Aflac Re's board committee meetings
- Supports the Chief Actuary to serve as liaison with other key functions or represents Aflac Re at global committees if needed
- Provides support to Aflac Inc. or its affiliates (other than Aflac Re Bermuda) as requested from time to time
- This is not an exhaustive list and the Actuary shall be expected to perform other duties as required
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